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Slow Growth Of Economy Provides Opportunity For Barter Industry

If the gravy days are over and economic growth will be much slower for Americans and U.S. companies, as many pundits are predicting, the commercial barter industry will have an unprecedented opportunity to prove its meddle. As the barter industry continues to grow, its expansion will aid business as well as needed employment.

Here is what�s expected for the next decade � quite a change from the go-go days of the past three decades:

Consumers will maintain reduced spending and increase savings, while companies will take on less risk (which fueled past economic booms). Bottomline...don�t look for a leveraged world in the future.

We can expect to see the government becoming much more involved in overseeing business over the next 20 years. And growth slows down when there�s more regulation.

Attention Trade Exchange Owners. . .It�s GROW OR GO!

The magic bullet for growth is sales, always has been and always will be...yet the industry�s overall growth is anemic. Why? Maybe it�s because we�re not providing on-going education about our unique way of doing business. Knowledge is always a pre-requisite to taking sustained action.

And for those newcomers, the lifeblood of an exchange, awareness of and understanding about the value of trading is even more important.

If you expect prospects to come aboard and your members to be more active traders, but you are perplexed when the results are less than you desire...there�s a good reason. You must continually educate and motivate every month--month after month after month!

Such action is necessary because, let�s face it, more cash business, not trade, is of paramount importance to your members. You must break through this �cash only� focus and redirect their thinking toward barter. Although most exchanges don�t see the importance of doing so, many industry leaders are taking action and so can you.

As the owner of your own operation, there is an easy and inexpensive solution for moving forward...look into using The Competitive Edge newsletter. It�s a camera-ready, 4-page, professionally written, informational marketing tool...available in PDF format as well as print. So regardless of how you reach your prospects and clients, you will have the necessary vehicle.

Written especially for you, the busy trade exchange owner, I am certain it will be the best investment you ever make.

For more information about The Competitive Edge, and how it can benefit you click here.

Trade Dollars As Inflation Hedge

According to Eric Mancini, a Certified Financial Planner and holder of a B.S. degree in economics from Penn State University, trade dollars are a good hedge against inflation in that they represent real buying power.

Here are his recent comments...

�ITEX Corp. (OTCBB:ITEX) offers a very unique product to small businesses around the country. They operate a web site which facilitates its members� ability to barter each others excess inventory or services to one another without using cash.

�The company instead uses ITEX dollars as the main unit of currency for the member companies to exchange goods and services. This presents an interesting play for inflation. The company itself holds some ITEX dollars (as well as extends ITEX dollar credit lines to some of its customers), thereby hedging itself to some extent from the U.S. dollar. These units represent true and absolute buying power for other members� goods and services.

�ITEX makes it money through fixed annual member fees and transaction fees that range from 5%-9%. The company is profitable and relatively financially stable. ITEX should earn about $0.03/share this year, and has $0.07/share in cash, with no long term debt.�

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The Barter Network Partners With Shriners Hospitals For Children